Fj Capital Management buys $24,639,160 stake in Yadkin Financial Corp (YDKN)

Yadkin Financial Corp (YDKN) : Fj Capital Management scooped up 329,000 additional shares in Yadkin Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 967,000 shares of Yadkin Financial Corp which is valued at $24,639,160.Yadkin Financial Corp makes up approximately 4.64% of Fj Capital Management’s portfolio.

Other Hedge Funds, Including , Raymond James Financial Services Advisors reduced its stake in YDKN by selling 2,879 shares or 12.51% in the most recent quarter. The Hedge Fund company now holds 20,139 shares of YDKN which is valued at $513,142.Blackrock Fund Advisors boosted its stake in YDKN in the latest quarter, The investment management firm added 96,145 additional shares and now holds a total of 1,192,040 shares of Yadkin Financial Corp which is valued at $30,373,179. Yadkin Financial Corp makes up approx 0.01% of Blackrock Fund Advisors’s portfolio. Massmutual Trust Co Fsbadv sold out all of its stake in YDKN during the most recent quarter. The investment firm sold 500 shares of YDKN which is valued $12,740. Context Bh Capital Management Lp sold out all of its stake in YDKN during the most recent quarter. The investment firm sold 9,413 shares of YDKN which is valued $240,032.Cardinal Capital Management boosted its stake in YDKN in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 35,040 shares of Yadkin Financial Corp which is valued at $882,658. Yadkin Financial Corp makes up approx 0.35% of Cardinal Capital Management’s portfolio.

Yadkin Financial Corp opened for trading at $25.75 and hit $25.83 on the upside on Monday, eventually ending the session at $25.81, with a gain of 0.43% or 0.11 points. The heightened volatility saw the trading volume jump to 5,53,960 shares. Company has a market cap of $1,335 M.

Many Wall Street Analysts have commented on Yadkin Financial Corp. Yadkin Financial Corp was Downgraded by Raymond James to ” Mkt Perform” on Jul 22, 2016. Yadkin Financial Corp was Downgraded by Keefe Bruyette to ” Mkt Perform” on Jul 22, 2016. Compass Point Initiated Yadkin Financial Corp on May 26, 2016 to “Sell”, Price Target of the shares are set at $24.

Yadkin Financial Corporation is a bank holding company. The Company conducts its business operations primarily through its wholly owned subsidiary Yadkin Bank a North Carolina chartered community bank which provides services in 73 branches across North Carolina and South Carolina. Yadkin Bank’s primary business is providing banking mortgage investment and insurance services to businesses and consumers across the Carolinas. The Company is engaged in providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina and to customers in various states through its Small Business Administration (SBA) lending program. The Company operates in six regions including Central Region Piedmont Region Mountain Region South Region Southeast Region and Northeast Region.

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